Stock Market & Financial Investment News

Cree fundamentals remain intact, says CanaccordCanaccord said its latest checks throughout Asia indicate fundamentals remain intact and yielded no surprises. The firm maintains its Buy rating but is not opposed to locking in some profits given recent strength. Shares are Buy rated with a $38 price target.

Global LED lighting demand in 2015 valued at $30B, DigiTimes Research reportsThe global LED lighting market value in 2015 is estimated to increase 24.8% to $29.91B, reports DigiTimes Research. There will be approximately 1.81B LED light bulbs shipped globally in 2015 and global LED light tube shipments will reach 520M units. Reference Link